Ferris Christopher S 4

What Happened Christopher S. Ferris, President, CEO and a director of FB Bancorp (FBLA), was granted awards on March 25, 2026: 120,000 shares of restricted stock and a derivative award of 300,000 shares (stock options), both recorded at $0.00. These are compensation awards (reporting code A), not open‑market purchases or sales, so no cash changed hands at grant.

Key Details

• Transaction date: 2026-03-25; Filing date: 2026-03-27 (filed two days after the transaction).
• Consideration: $0.00 per share for both the restricted stock (120,000) and the derivative award (300,000) — total 420,000 shares granted.
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes:
  • F1: The 120,000 restricted shares vest 20% per year starting March 25, 2027.
  • F3: The 300,000 stock options vest 20% per year starting March 25, 2027.
  • F2: Indicates certain reflected transactions are not required to be reported under Section 16 (per the filing).
• Filing timeliness: Filed 2026-03-27 for a 2026-03-25 grant; appears timely under standard Section 16 reporting rules.

Context These are time‑based compensation awards (restricted stock and options) that vest over multiple years; they are not sales and do not by themselves indicate buying or selling intent. For the options (derivative award), vesting constraints apply as noted, and there is no indication in this filing of an immediate exercise or sale. Compensation grants to executives are common and should be considered alongside other insider transactions and company fundamentals.